Mastek Limited

rs,

ted April 7, 2023, regarding the captioned subject. We wish to inform you that the Board of Directors, at their meeting held today – Wednesday, April 19, 2023, has transacted, approved, and taken on rec

240%

ecommendation of payment of Final Dividend The Board of Directors recommended a Final Dividend of 240% i.e. Rs. 12.00 per equity share (on the face value of Rs. 5.00 per equity share), for the Financia

Rs. 12.00

ion of payment of Final Dividend The Board of Directors recommended a Final Dividend of 240% i.e. Rs. 12.00 per equity share (on the face value of Rs. 5.00 per equity share), for the Financial Year ended Mar

Rs. 5.00

rectors recommended a Final Dividend of 240% i.e. Rs. 12.00 per equity share (on the face value of Rs. 5.00 per equity share), for the Financial Year ended March 31, 2023, subject to the Shareholders’ approv

Rs. 7.00

The total dividend for the Financial Year ended March 31, 2023 (including the interim dividend of Rs. 7.00 per share) stands at Rs. 19.00 per share or 380% (in the previous year Rs. 19.00 per share or 380%)

Rs. 19.00

nancial Year ended March 31, 2023 (including the interim dividend of Rs. 7.00 per share) stands at Rs. 19.00 per share or 380% (in the previous year Rs. 19.00 per share or 380%). Mastek Limited 804/805, Pre

380%

h 31, 2023 (including the interim dividend of Rs. 7.00 per share) stands at Rs. 19.00 per share or 380% (in the previous year Rs. 19.00 per share or 380%). Mastek Limited 804/805, President House, Opp

Rs 709 crore

ust. Value. Velocity. Press Release | Q4FY23 For Immediate Release Q4FY23 revenue at Rs 709 crore, up by 22.0% Y-o-Y • Operating revenue up by 7.7% Q-o-Q in rupee terms • PAT at Rs 72.6 crore;

22.0%

. Press Release | Q4FY23 For Immediate Release Q4FY23 revenue at Rs 709 crore, up by 22.0% Y-o-Y • Operating revenue up by 7.7% Q-o-Q in rupee terms • PAT at Rs 72.6 crore; up 8.2% Q-o-Q

7.7%

r Immediate Release Q4FY23 revenue at Rs 709 crore, up by 22.0% Y-o-Y • Operating revenue up by 7.7% Q-o-Q in rupee terms • PAT at Rs 72.6 crore; up 8.2% Q-o-Q • 12 months order backlog grew by 22

Rs 72.6 crore

at Rs 709 crore, up by 22.0% Y-o-Y • Operating revenue up by 7.7% Q-o-Q in rupee terms • PAT at Rs 72.6 crore; up 8.2% Q-o-Q • 12 months order backlog grew by 22.1% Y-o-Y • Proposed Final Dividend of 240%

8.2%

p by 22.0% Y-o-Y • Operating revenue up by 7.7% Q-o-Q in rupee terms • PAT at Rs 72.6 crore; up 8.2% Q-o-Q • 12 months order backlog grew by 22.1% Y-o-Y • Proposed Final Dividend of 240% Mumbai,

“Mastek as a preferred partner will deliver back-office transformation programme across finance, capital projects, procurement, planning & budgeting and human resources via Oracle Cloud.”

“Through this support, customer will be able to optimize technical, staff, and security operations with configurable service options tailored to organizational needs.”

“About the deal Mastek will deliver transformation project using Oracle Cloud Glide framework underpinned by Value Based Analytics (VBA) tool.”

“Through this implementation, the customer will leverage a contemporary system supported by a fit-for- purpose Target Operating Model, promote best practices to achieve efficiencies and cost saving benefits & uplift Financial Management capabilities to support current and future business needs.”

“Mastek as a strategic vendor partner signed a SOW to support four Project tracks, including Salesforce Merchant Force, Infrastructure, Cloud Operations, and FS Application development.”

“Through this implementation, the customer will be able to achieve innovative hiring solutions, improve decisions with end-to-end talent management, and deploy the workforce with greater control through a fully integrated HR solution that links time, labor, and leave management with payroll, financial, and personnel data.”

“Through this support, the customer will be able to support to internal customers on global template, improve performance, unify data from clinical trials, streamline and automate safety case management, and strengthen business operations.”

Note

2

Presented by

1

HOT LEAD COMPANIES

1

Presented by

Hiral Chandrana | Global Chief Executive Officer, Mastek Arun Agarwal | Global Chief Financial Officer, Mastek Table of Contents 01 02 03 04 05 Highlights of the Quarter Financial & Operational Performance Key Wins for the Quarter Acquisition Update Strategic Priorities Investor Presentation | Earning Deck Company Confidential © Mastek 2023. All rights reserved | 2 HIGHLIGHTS OF THE QUARTER HIGHLIGHTS OF Q4FY23 Revenue Growth Year-on-Year 22.0% Operating EBITDA (Q4) Margin 17.7% 12month Order backlog Year-on-Year Growth (CC) 17.2% Q4FY23 revenue at ₹ 709.2 Crore Revenue grew by 7.7% QoQ 5.3% QoQ (CC*) Q4FY23 Op. EBITDA ₹ 125.5 Crore Op. EBITDA grew by 10.4% QoQ 12 Months Order backlog at ₹ 1,794.1 Crore 12 months order backlog grew by 4.1% QoQ (CC*) Investor Presentation | Earning Deck *CC: Constant Currency Company Confidential © Mastek 2023. All rights reserved | 4 Proposed Final Dividend of 240% or ₹ 12 per share KEY ACHIEVEMENTS & RECOGNITIONS Earned 2023 ‘Great Place to Work’ Cert

Note

* Previous quarters have been restated as per latest grouping ** Pause in a key program in a large healthcare account during the year # Financial Services includes consultancy/ professional services Investor Presentation | Earning Deck Company Confidential © Mastek 2023. All rights reserved | 15 OPERATIONAL PERFORMANCE Revenue By Practice Line* Q4FY23 – Consolidated Q4FY23 44.7% 28.9% 19.5% 6.9% Digital & Application Engineering Oracle Cloud & Enterprise Apps Q3FY23 43.5% 29.2% 21.7% 5.6% Digital Commerce & Experience Data, Automation and AI Q4FY22 40.8% 35.5% 11.2% 12.5% 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%

Note

*Previous quarters have been restated as per latest grouping Investor Presentation | Earning Deck Company Confidential © Mastek 2023. All rights reserved | 16 KEY WINS FOR THE QUARTER KEY WINS FOR THE QUARTER Government UK & Europe UK & Europe Americas AMEA Client A ministerial department responsible for immigration, security, law & order A local authority of London responsible for setting council tax, education, council housing, social services, libraries, waste collection and disposal, traffic, and most roads and environmental health. America’s largest township admeasuring over 140 sq. miles and encompassing 50+ unincorporated areas and 20+ incorporated villages, 60+ parks and marinas, and 2,500 miles of town, county, state, and federal roads. A local government authority in Queensland – one of the fastest growing and most vibrant regions in Australia. About the deal The department has commissioned Mastek to create and operate the Biometric Resident Permit (BRP) services, which ensur

HOT LEAD COMPANIES

4 Emails + 3 Nurture Emails 2 LinkedIn Messages 150 InMail's 10 Social Posts Results 78 Sign Ups 14 Hot Leads 15 Salesforce Leads 11 High Value Prospects 10 Alliances Investor Presentation | Earning Deck Company Confidential © Mastek 2023. All rights reserved | 24 HLS industry leadership powered by a suite of Provider, Payer and Payvider Solutions STRATEGIC PRIOIRTIES MASTEK STRATEGIC PRIORITIES Turnkey Digital Engineering & Cloud Transformation Partner Massive Untapped Opportunity in Americas Continued Growth in UK Public Sector EU, ME expansion Differentiated Talent and Delivery model Digital & Cloud Services Strategic Partners • Healthcare and Life Sciences, Retail & Manufacturing, State & Local Govt. • Top 15 accounts • mining and Fortune 1000 targets • Home Office, • Career Value to • Dominate in Oracle HMRC, NHS, City Councils, UK Govt frameworks Financial Services, Retail in UK, Mfg. in Europe, Digital Cross-sell in ME Attract/Retain Top Talent • Value Based Delivery to drive Bu